Sturm Ruger (RGR) Tops Q1 EPS by 15c
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Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of 87¢ Per Share and Declares Dividend of 35¢ Per Share
May 6, 2020 5:05 PM EDTSOUTHPORT, Conn.--(BUSINESS WIRE)-- Sturm, Ruger & Company, Inc. (NYSE-RGR) announced today that for the first quarter of 2020 the Company reported net sales of $123.6 million and diluted earnings of 87¢ per share, compared with net sales of $114.0 million and diluted earnings of 74¢ per share in the first quarter of 2019.
The Company also announced today that its Board of Directors declared a dividend of 35¢ per share for the first quarter, for shareholders of record as of May 18, 2020, payable on June 1, 2020. This dividend varies every quarter because the Company pays a percentage of earnings rather than a fixed amount per... More
